Asked by
Fernanda Beiza
on Oct 19, 2024
Verified
To calculate the EAC, the estimate to complete ETC) is added to the actual cost AC) of the activities already performed.
EAC
"Estimate At Completion" - a forecast of the total cost of a project at its conclusion, accounting for all known risks and variables.
Actual Cost
The direct and indirect expenses incurred in executing a project, also known as the actual cost of work performed.
- Master the techniques for determining and understanding cost performance indices and variances.
Verified Answer
IT
Learning Objectives
- Master the techniques for determining and understanding cost performance indices and variances.
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